Retail premises for sale in 24B Broad Street, Pershore WR10

£11,950
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Property description

Business
Hilton Smythe is delighted to welcome to the market this cobbler and key cutting business in Pershore, Wrocestershire. The business was established by our client in 1977. Only now is the business being offered to the market due to our clients wish for a well-deserved retirement. The business generates a turnover in the region of £24,000, with a gross profit of approximately 52% as per 2015 accounts. The turnover is generated from the repair of shoes and key cutting services.

We feel the turnover could be increased by extending the opening hours as the business is currently run at a pace to suit our client and is closed on Sunday and Mondays. We also feel the business could benefit from a small marketing campaign to advertise the business and services offered. The business could also expand into complimentary lines such as engraving and car keys etc.

The shop has an excellent reputation within the area and is well supported by the local community with a very loyal customer base. We feel this is an excellent opportunity for a new owner to take this business to the next level; therefore early viewing must come highly recommended.

Location
Ye Olde Cobbler is located in a prime trading location at the rear of the main shopping centre in Pershore, Worcestershire. The property is ideally located in the town centre and is surrounded by a wealth of complimentary shops and businesses. The business benefits from a large car park close by, as well as a vast amount of footfall and passing trade.

Pershore is a market town located on the banks of the River Avon and as of the 2011 census the population was 7,125. The town is best known for Pershore Abbey, Pershore College and the pears and plums grown locally. Pershore boasts a wealth of shops, amenities and attractions including schools and churches, making the town a very popular place in which to live and work.

The area is well served by the public transport system with several bus stops within easy walking distance of the property. The property boasts easy access to the a-road system with the A44 being in close proximity, which leads to the vast a-road and motorway networks. Evesham is approximately 9 miles away and Worcester is 10 miles away.
Premises
Single storey lock-up premises set within a small courtyard to rear of shops, briefly comprising:

Main sales area with:

Fixtures and fittings to suit trade.

Lace display area.

Key display area.

Counter servery with electronic cash register.

Key cutting machines including:

Cylinder machine.

Morticer machine.

Tibbing machine.

Shoe repair equipment including:

Shoe finisher.

Outsole stitcher.

Press.

Band scourer.

Patcher.

Work benches.

To the rear is a kitchenette and WC with hand wash basin.

External with:

Main road signage.
Tenure
We are advised Leasehold:

Rolling lease.
Rent: £30 per week.

Hours
The business is open:

Monday: Closed

Tuesday – Friday: 8.30am – 4.30pm

Saturday: 8.30am – 1.00pm

Sunday: Closed
staff
The business is owner run and managed.

Financial profile
The business generates a turnover in the region of £24,000, with a gross profit of approximately 52% as per 2015 accounts.

Nearby transport

  • Pershore (1.4 miles)
  • Evesham (5.5 miles)
  • Ashchurch for Tewkesbury (7.8 miles)
  • Birmingham International Airport (27.6 miles)
  • Coventry Airport (31.0 miles)
  • Bristol Airport (57.3 miles)
  • Sharpness Old Docks (31.7 miles)
  • Lydney Harbour (33.2 miles)
  • Bristol Docks Ferry Landing (49.8 miles)

Nearby schools

View all schools in Wychavon
  • Holy Redeemer Catholic Primary School (0.2 miles)
  • Abbey Park First and Nursery School (0.2 miles)
  • Cherry Orchard First School (0.5 miles)
  • Pershore High School (1.1 miles)
  • Prince Henry's High School (5.7 miles)
  • New College Worcester (ISP) (6.9 miles)
  • Abbey Park Middle School (0.2 miles)
  • St Nicholas' CofE Middle School (1.9 miles)
  • St Barnabas CofE First and Middle School (2.3 miles)
Note: Distance is shown as a straight line measurement

Local info for Wychavon

About the neighbours in WR10

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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